How would I avoid spending my Bitcoins when I need to buy a house quickly?

Question

A specific house I would like to buy has come up for sale. This opportunity is unlikely to arise again.

I have almost enough money in Bitcoin to buy the house.

I have no other money or assets sufficient for the purchase.

I do not wish to spend my money or transfer control of my money to a third party

How can I buy the house?

If you feel that this house right now if worth spending your BTC for, then you should do so. Otherwise, don't, or buy another. Nobody can make that decision for you. — Pieter Wuille, Apr 03 '21 at 19:40
Does this answer your question? Is there a way to take out a loan on your Bitcoin like how Ethereum can be used as a CDP in the MakerDAO to get DAI? — RedGrittyBrick, Apr 03 '21 at 19:49
,،so what is your problem ? If we can help you How much time do you have? how much do you have to pay for the house? How mach your bitcoin? — Parinaz Mirshekar, Apr 03 '21 at 19:10
My problem is how to get the house without having to waste my Bitcoin in my situation. If there is a solution. I doubt there is, but I'm desperate. — J. M., Apr 03 '21 at 19:25
If you want to buy something without spending your BTC, you'll need to spend other money. — Pieter Wuille, Apr 03 '21 at 19:45
As usual, the "Does this answer your question?" question does not answer my question... — J. M., Apr 04 '21 at 03:37
I have edited your question in an attempt to prevent its deletion. I believe the edited form reflects the essence of your question. If you object to the edits, please click the "edited..." link and select "rollback". — RedGrittyBrick, Apr 04 '21 at 10:55

score 2 · Answer 1 · answered Apr 04 '21 at 10:53

The essential character of money is that you transfer it (or control over it) to another person in exchange for some object or service.

There is no way to use money to purchase something and still retain the money.

None of the alternatives are acceptable to you for various reasons

Rent
Mortgage
Invest money in a business and defer purchase until investment returns exceed purchase prices

Bitcoin is money.

Therefore your problem is insoluble. You cannot have your cake and eat it.

1 Answers1